$AERGO Long Liquidation Alert!
$8,342.40 in Longs Liquidated at $0.12913
AERGO bulls just got shaken out! A long liquidation at $0.12913 shows that leveraged buyers got hit hard as the price dropped below their entry zones. This is a wake-up call — but not necessarily the end of the road.
What Happened?
• Traders went long expecting a bounce, but AERGO slipped and triggered stop-losses or liquidations.
• This type of move often flushes out weak hands before a potential reversal or deeper drop.
Market Sentiment:
• Bearish in the short term, as the liquidation pressure weakens upward momentum.
• However, if the price holds above $0.126, a relief bounce is possible.
• Watch closely — this could be a fakeout or the start of a bigger down move.
⸻
Rebound Targets (If Bulls Fight Back):
• TG1: $0.134 – quick bounce target
• TG2: $0.141 – local resistance zone
• TG3: $0.149 – trend reversal signal
Next Move:
• Critical support at $0.125–$0.127 — if AERGO holds, buyers may step in again.
• Losing this zone could lead to further downside toward $0.119–$0.121.
• Look for a bullish engulfing candle + volume spike to confirm reversal.
Pro Tip: Don’t rush in — wait for confirmation. Liquidations often create traps for emotional traders. Let the dust settle, then strike with strategy.